Dr. Hülsmann’s piercing analysis highlights the true tragedy of our inflationary regime in a way few others can.

After all, inflation isn’t simply a stealth tax on the average American, it does so to fund the worst aspects of the current regime. It’s the lifeblood of both the war machine abroad and the growing politicized police state at home. In its wake, it leaves a society that rewards self-destructive short-term behavior and does so at the expense of those who sacrifice to make responsible decisions in their daily lives.

It robs us materially, morally, and spiritually.